Daily Current Affairs Updates– 20th September 2015

    Daily Current Affairs Updates– 20th September 2015
    Daily Current Affairs Updates– 20th September 2015:
    Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.

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    1).Indira Gandhi International Airport (IGIA) inDelhi won theBest Airport Award underclass X cities category for 2013-14
    ·        The best airport awards were judged on the following seven parameters
    a.   tourist-friendly infrastructure
    b.   maintenance and upkeep
    c.   adaptation of eco-friendly practices
    d.   availability of transport facility from airport to nearest city center
    e.   facilities for the physically challenged persons
    ·        The award was presented by PresidentPranab Mukherjeeas a part of theNational Tourism Award(NTA) at a ceremony held in Vigyan Bhavan
    ·        TheMinistry of Tourism presents National Tourism Awards to various segments of the travel, hospitality and tourism industry every year

    2).Standard Chartered that revised its CAD forecast for the fiscal to1.5% from 1.1% of GDP earlier has announced that lower commodity prices are unlikely to narrow India’sCurrent Account Deficit (CAD)
    ·        The positive impact of lower commodity prices are likely to be offset by a slowing export volumes due to weak global demand and the continued gradual recovery in the economy
    ·        Standard Chartered has also revised down its fiscal year 2015-2016Balance-of-Payments(BoP) surplus forecast toUSD 31.7 billion fromUSD 48.5 billion to reflect a wider current account deficit and lower capital flows
    ·        It also expects capital inflows ofUSD 64 billion in this financial year, down from its previous estimate ofUSD 75 billion

    3). PresidentPranab Mukherjee visited ‘Shauryanjali’, an exhibition held atRajpathmarking theGolden Jubilee of the1965 Indo-Pak war
    ·        The exhibition is was700 meter long
    ·        The President also interacted with the next of kin of the winners ofParam Vir Chakra during 1965 War,Lt Col A B Tarapore andAbdul Hamid, and a number of war veterans

    4).Japan’s parliament passed2 security lawsto amend its pacifist constitution framed afterWorld War II to allow its troops to fight abroad
    ·        These laws are considered as major defence policy shift of Japan that lets troops to fight overseas for the 1sttime since1945
    ·        They also loosen the limits of the constitution on the military and allow Japan to get involved in collective self-defence
    ·        This law was passed in regards of China’s increasing military strength and assertiveness in theAsia-Pacific region
    ·        The new security laws also give fillip to defence expenditure and industry of Japan which is presently the9th largest country in terms of defence expenditure
    ·        The bill was already approved by the Parliament’s lower house and it was voted into law by the Upper Chamber

    5). According to a recent study report thepopulation of marine mammals, fishes, birds and reptiles havedeclined by 49%since1970
    ·        The report was released by the following organizations
    a.   World Wildlife Fund (WWF)
    b.   Zoological Society of London (ZSL)
    ·        This declining trends are caused by the following human activities
    a.   Overfishing
    b.   Marine habitat destruction
    c.   Climate change
    ·        The impact of climate change has mainly attributed to excess absorption ofcarbon dioxide into the oceans that makes them more acidic in turn damaging a number of species
    ·        As per the study there is a steep decline in marine habitat in the form of mangroves, coral reefs and sea grasses
    ·        They support marine food webs and provide valuable services to people
    ·        The report highlighted the following issues
    a.   The need to protect critical marine habitats
    b.   To manage fish stocks more
    c.   Improve fishing practices
    d.   To redirect financial flows to support these needed initiatives
    ·        In this study more than1200 species of marine creatures were analysed over the past45 years
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